Microsoft will begin phasing out its MS Points system later this year in favour of real currency, and the company has published a handy guide to let us know just how it’s all going to play out. The changes will impact both Xbox One and Xbox 360.

Xbox One will no longer use points. This was rumored a while back, sort of confirmed, but make 100% clear today. So now you know. When we know more about this we will update you as to what the specifics are.

Welcome to the first in a brand new totally original weekly feature for VG247. Each week I’m going to be bringing you a selection of the finest gaming discounts various retailers are offering as they fight for access to your wallets. For regularly updated video game deals, head to SavyGamer.co.uk. Get this week’s selection after […]

A class action lawsuit against Microsoft has been filed in Philadelphia over the MS Points system used in Games For Windows Live Marketplace. Apparently, excess points left over after purchasing items cannot be used.

Microsoft’s come clean about its rewards program, as you can see here. Basically, you get MSP for doing anything remotely useful to Microsoft. Every time you renew your Live sub you get free points. Amazing, right? It’s only in the preview stage as yet, but free is free. No date on it going Live-wide.

According to this CVG story, Coca-Cola’s giving away $37,000 (£25,000) in MS Points on Live this week. Yep: they’re free. The partnership will see three million Points given away via a Happiness Factory promotion on Xbox Live. Apparently you need to register on a Coke Zone site, or something. More through there.

Don’t want Microsoft’s scheming corporate perverts to get an eyeful of your wallet’s private bits, but can’t afford to fork over $19.99 for a 1600 MS point card in these harsh economic times? Well then, your life is officially complete now that Microsoft has finished working the kinks out of its 800 MS point card. […]

Microsoft is giving people the chance of winning 500,000 MS Points with the “Download and Win” competition which runs from 06:01 PST on November 19 – NXE launch day – to 23:59 PST on November 23. To enter, all you have to do is download some content from the following categories on Xbox Live during […]

According to this Wired report, Microsoft’s is to make Live points available through mobile phones in Japan via provider NTT DoCoMo. The service is going live on May 26, early next week. Charge for the points is added straight to customers’ phone bills, apparently.